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What is a billing agency?

Billing agent means any entity that submits charges to the billing utility on behalf of itself or any provider of a product or service.

How does PayFlex COBRA work?

Typically, the person covered under COBRA pays for it. When are COBRA premiums due? You must pay the first premium payment within 45 days after the date of the COBRA election. That first payment must cover the period of coverage from the date of the COBRA election back to the date of the loss of coverage.

What is direct monthly billing?

Direct payment is an automatic process, and once you set it up with a company, your payment will automatically be deducted each month. The types of bills people will often pay using direct payment: Mortgage or rent. Car payments. Loan payments.

What is a direct bill form?

Direct Billing is an arrangement whereby guest charges are transferred to an Accounts Receivable account for payment. Typically, when a guest uses direct billing, an invoice is sent directly to the guest's company or other sponsoring organization.

What is direct bill in insurance?

Direct billing occurs when the insurance company bills the insured directly and then the insured in turn, pays the insurance company.

What is direct billing in healthcare?

Direct billing is an arrangement between a health insurance provider and a doctor (or other medical facility), where the doctor sends bills for services directly to your health insurance company. This means that you do not have to put in a separate claim with your insurance company.

What does direct billing mean?

Direct Billing is an arrangement whereby guest charges are transferred to an Accounts Receivable account for payment. Typically, when a guest uses direct billing, an invoice is sent directly to the guest's company or other sponsoring organization.

What is the difference between direct bill and agency bill?

Direct vs. agency bill. Direct bill and agency bill are exactly what you might think: Direct bill is when the surety company bills the client; agency bill is when you bill the client.

What is a list bill in insurance?

List-Billing is a process that allows an employer to facilitate employees' purchase of individual health insurance policies via post-tax payroll deduction. Under a List-Bill arrangement, a health insurance carrier sends an employer a single bill for each employee's personal health insurance policy.

What is agency billing?

With agency bill, you're paid your commission upfront, upon your receipt of payment from the client. You subtract the commission owed before sending the premiums to the company.

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